PARTHENON LLC — 13F Holdings & Portfolio
CIK 1088859 · latest 13F-HR filed 2026-07-23
PARTHENON LLC manages $962.0M in 13F-reported U.S. long-equity assets across 133 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MSFT (8.81%), BRK.B (7.11%), GLW (6.08%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 11 new positions, exited 5, added to 71, and trimmed 24.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 180
LOUISVILLE, KY 40222
$962.0M
Long-equity book
133
Distinct positions
2026-06-30
Filed 2026-07-23
+11 / −5 / ↑71 / ↓24
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CORNING INC$27.1M +86.4%
- ALPHABET INC$9.0M +19.9%
- CISCO SYS INC$7.6M +49.4%
- ALPHABET INC$6.3M +19.5%
- ICON PUB LTD CO$4.9M +55.9%
Top Trims
- EXXON MOBIL CORP-$6.2M -20.9%
- WALMART INC-$2.6M -9.3%
- PEPSICO INC-$1.8M -11.8%
- SALESFORCE INC-$1.6M -15.4%
- HERSHEY CO-$906.6K -18.8%
New Positions
- ISHARES TR$828.7K
- FLEX LTD$324.1K
- ISHARES GOLD TR$279.4K
- REPUBLIC BANCORP INC KY$230.6K
- EBAY INC.$223.5K
Exited Positions
- ISHARES TR$572.6K
- WESBANCO INC$444.1K
- AMGEN INC$414.1K
- HONEYWELL INTL INC$282.8K
- COMCAST CORP NEW$211.6K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 594918104 | $84.8M | 8.81% | 227,288 | SH |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $68.4M | 7.11% | 136,778 | SH |
| 3 | CORNING INC | GLW | 219350105 | $58.5M | 6.08% | 228,865 | SH |
| 4 | ALPHABET INC | GOOGL | 02079K305 | $54.1M | 5.63% | 151,488 | SH |
| 5 | ALPHABET INC | GOOG | 02079K107 | $38.7M | 4.02% | 109,471 | SH |
| 6 | META PLATFORMS INC | META | 30303M102 | $38.0M | 3.96% | 67,543 | SH |
| 7 | APPLE INC | AAPL | 037833100 | $36.8M | 3.82% | 127,020 | SH |
| 8 | JOHNSON & JOHNSON | JNJ | 478160104 | $30.5M | 3.17% | 120,079 | SH |
| 9 | WALMART INC | WMT | 931142103 | $25.5M | 2.65% | 225,415 | SH |
| 10 | FASTENAL CO | FAST | 311900104 | $25.3M | 2.63% | 527,272 | SH |
| 11 | PAYCHEX INC | PAYX | 704326107 | $24.4M | 2.54% | 248,007 | SH |
| 12 | EXXON MOBIL CORP | XOM | 30231G102 | $23.5M | 2.44% | 171,640 | SH |
| 13 | DOVER CORP | DOV | 260003108 | $23.4M | 2.43% | 104,228 | SH |
| 14 | CISCO SYS INC | CSCO | 17275R102 | $23.0M | 2.39% | 195,450 | SH |
| 15 | AMERICAN EXPRESS CO | AXP | 025816109 | $22.5M | 2.34% | 66,425 | SH |
| 16 | MERCK & CO INC | MRK | 58933Y105 | $19.2M | 2.00% | 149,637 | SH |
| 17 | PROCTER & GAMBLE CO | PG | 742718109 | $18.5M | 1.93% | 126,415 | SH |
| 18 | BOOKING HOLDINGS INC | BKNG | 09857L108 | $17.0M | 1.77% | 95,400 | SH |
| 19 | LANDSTAR SYS INC | LSTR | 515098101 | $13.9M | 1.44% | 67,134 | SH |
| 20 | JPMORGAN CHASE & CO | JPM | 46625H100 | $13.7M | 1.42% | 41,853 | SH |
| 21 | PEPSICO INC | PEP | 713448108 | $13.7M | 1.42% | 101,089 | SH |
| 22 | ICON PUB LTD CO | ICLR | G4705A100 | $13.7M | 1.42% | 78,653 | SH |
| 23 | SCHWAB CHARLES CORP | SCHW | 808513105 | $12.2M | 1.27% | 132,340 | SH |
| 24 | STRYKER CORPORATION | SYK | 863667101 | $11.8M | 1.23% | 37,477 | SH |
| 25 | CVS HEALTH CORP | CVS | 126650100 | $11.6M | 1.21% | 112,171 | SH |
| 26 | ATLANTA BRAVES HLDGS INC | BATRK | 047726302 | $11.0M | 1.14% | 211,315 | SH |
| 27 | WATERS CORP | WAT | 941848103 | $10.9M | 1.13% | 28,978 | SH |
| 28 | YETI HLDGS INC | YETI | 98585X104 | $10.6M | 1.10% | 213,830 | SH |
| 29 | VANGUARD INDEX FDS | VOO | 922908363 | $10.5M | 1.09% | 15,319 | SH |
| 30 | SALESFORCE INC | CRM | 79466L302 | $8.9M | 0.93% | 56,805 | SH |
| 31 | ISHARES TR | IJR | 464287804 | $8.3M | 0.86% | 55,967 | SH |
| 32 | GE AEROSPACE | GE | 369604301 | $8.2M | 0.86% | 22,067 | SH |
| 33 | PNC FINL SVCS GROUP INC | PNC | 693475105 | $8.2M | 0.86% | 33,424 | SH |
| 34 | HOME DEPOT INC | HD | 437076102 | $8.1M | 0.85% | 23,058 | SH |
| 35 | MONDELEZ INTL INC | MDLZ | 609207105 | $7.8M | 0.81% | 134,998 | SH |
| 36 | DISNEY WALT CO | DIS | 254687106 | $7.0M | 0.72% | 72,381 | SH |
| 37 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $6.7M | 0.70% | 112,336 | SH |
| 38 | CHURCHILL DOWNS INC | CHDN | 171484108 | $6.5M | 0.68% | 72,654 | SH |
| 39 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $6.1M | 0.64% | 86,150 | SH |
| 40 | PHILIP MORRIS INTL INC | PM | 718172109 | $5.3M | 0.55% | 29,441 | SH |
| 41 | COCA COLA CO | KO | 191216100 | $4.8M | 0.49% | 58,529 | SH |
| 42 | ELI LILLY & CO | LLY | 532457108 | $4.7M | 0.49% | 3,923 | SH |
| 43 | MEDTRONIC PLC | MDT | G5960L103 | $4.7M | 0.49% | 59,803 | SH |
| 44 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $4.5M | 0.47% | 6 | SH |
| 45 | GE VERNOVA INC | GEV | 36828A101 | $4.4M | 0.46% | 3,732 | SH |
| 46 | HERSHEY CO | HSY | 427866108 | $3.9M | 0.41% | 22,340 | SH |
| 47 | CLARUS CORP NEW | CLAR | 18270P109 | $3.9M | 0.41% | 1,241,662 | SH |
| 48 | VANGUARD INTL EQUITY INDEX F | VPL | 922042866 | $3.6M | 0.38% | 31,229 | SH |
| 49 | ABBVIE INC | ABBV | 00287Y109 | $3.6M | 0.37% | 14,215 | SH |
| 50 | SMUCKER J M CO | SJM | 832696405 | $3.5M | 0.36% | 31,148 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-23 | $962.0M | 133 | 0001088859-26-000004 |
| 2026-03-31 | 2026-04-28 | $874.7M | 127 | 0001088859-26-000002 |
| 2025-12-31 | 2026-01-23 | $926.7M | 131 | 0001088859-26-000001 |